Factors of Success

Today we are pleased to announce that have released the Standish Group Factors of Success 2015 report.  The report is 8 pages:

Page 1:  Introduction: outlines the paper and the methodology of developing the factors of success.  It also discusses the traditional definition of success and our new modern definition of success.  The table on this page depicts both versions of CHAOS project resolutions, successful, challenged and failed from fiscal 2010 to 2014.

Page 2:  Traditional success presents the Factors of Success for successful projects as measured by the PMI traditional definition of success on time, on budget and on target.   Page 2 table shows the skill levels of 10 Factors of Success by their score and rank.

Page 3:  Modern Success presents the Factors of Success for successful as measured by the Standish modern definition of success on time, on budget with a satisfactory result. Page 3 table shows the skill levels of10 Factors of Success by their score and rank.

Page 4:  Challenged presents the Factors of Success for challenged as measured by the Standish modern definition of late, over budget with an unsatisfactory result.   Page 4 table shows the skill levels of 10 Factors of Success by their score and rank.

Page 5:  Failed presents the Factors of Success for failed as measured by canceled or not used. Page 5 table shows the 10 Factors of Success by their score and rank.

Page 6: Trump Cards presents a discussion on attributes that create a project winning hand, Page 6 table is skill levels of agile teams by project resolution as calculated from the modern success metrics, from fiscal 2010 to 2014.

Page 7: Moderation presents the 2015 Factors of Success as reflected by our opinion of the importance of each attribute and our recommendation of the amount of effort and investment that should be considered to improve project success. Page 7 table presents the latest point values and investment considerations.

Page 8: Recommendation on additional research and resources.

Members can find this report in the reports section of the dashboard.  Non-members must join to read this report.